Inventory was delivered to a customer on 30 June 2022 valued at $7579 ($6890 + $689 GST).
Question:
Inventory was delivered to a customer on 30 June 2022 valued at $7579 ($6890 + $689 GST). However, there was a problem with the invoicing process and a tax invoice was not raised for the customer.
Prepare an adjusting journal at the end of the year and a reversal, if necessary, on the commencement of the new financial year.
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Lets prepare the adjusting journal at the end of the year for the undel...View the full answer
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Related Book For 
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson
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